At SAC, Clock Is Ticking

Many Said They Would Reserve Judgment on the Embattled Hedge-Fund Firm

By

Juliet Chung And

David Enrich

Dec. 3, 2012 8:08 p.m. ET

SAC Capital Advisors LP, the giant hedge-fund firm allegedly involved in what the government has described as the biggest insider-trading case it has ever made, has less than three months to convince investors to stick with the money manager.

Investors must tell SAC by Feb. 15 whether they want to pull money from the firm during the next...